A worker wearing a protective mask arranges shopping carts outside a Walmart store in Duarte, California, U.S., on Thursday, Nov. 12, 2020.
David Swanson | Bloomberg | Getty Images
Check out the companies making headlines in midday trading.
Walmart — Shares of the big box retailer dropped more than 5% after disappointing quarterly earnings. Walmart posted a loss of $2.09 billion, or 74 cents per share, from earnings of $4.14 billion, or $1.45 share, a year earlier. Its adjusted earnings came to $1.39 per share, missing analysts estimates per Refinitiv. Walmart also warned that it expects sales to moderate this year.
Fastly — Shares of the network technology company slumped 14% after…